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Engineering Plastics Market Drivers By Top Competitors Analysis Celanese Corporation, LANXESS, Chi Mei Corporation, Chevron Phillips Chemical Company, Daicel Corporation., 3M, Eastman Chemical Company, Evonik Industries AG and others

Engineering Plastics Market

This report provides in depth study of “Global Engineering Plastics Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Global Engineering Plastics Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

This report focuses on the Global Engineering Plastics Market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Global Engineering Plastics Market development in North America & South America, Europe, Asia-Pacific, and Middle East & Africa.

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Global Engineering Plastics Market, 

  • By Type {Acrylonitrile Butadiene Styrene (ABS), Polyamide (Nylon: Under the Hood Applications), Polycarbonates and Others},
  • End-Use Industry {Automotive & Transportation (Interior and Under the Hood Applications),
  • Consumer Appliances (Air-Conditioner and Music Players),
  • Electrical & Electronics (Semiconductor and Sockets & Switches),
  • Industrial & Machinery (Power Tools),
  • Packaging (Food and Medical) and Other
  • Applications (Medical Applications and Construction)} and
  • Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Market Drivers:

  • Growing demand for engineering plastics for the improved products.
  • Growing demand in the 3D printing which uses polyamides as a feedstock.
  • Increased demand from the developing countries for the engineering plastics products
  • Low cost of the raw material prices used for the production of engineering plastics

Market Competitors:

The key players operating in the global engineering plastics market are –

  • BASF SE
  • Ashland
  • Arkema
  • DowDuPont
  • Covestro AG
  • Schulman Inc.,
  • AdvanSix,
  • Asahi Kasei Corporation,
  • Celanese Corporation,
  • LANXESS,
  • Chi Mei Corporation,
  • Chevron Phillips Chemical Company,
  • Daicel Corporation.,
  • 3M,
  • Eastman Chemical Company,
  • Evonik Industries AG,
  • Grand Pacific Petrochemical Corporation,
  • INEOS,
  • LG Chem,
  • Mitsubishi Engineering-Plastics Corporation,
  • NOVA Chemicals Corporation,
  • PolyOne Corporation,
  • Polyplastics Co. Ltd.,
  • Röchling Group,
  • DSM,
  • SABIC,
  • Solvay,
  • Trinseo,
  • TEIJIN LIMITED and others.

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According to India Brand Equity Foundation, it is seen that the export of plastic products from India has increased by 17.1% and has been valued at $ 8.85 billion in 2017-18 as compared to $ 7.56 billion in 2016-17. These exports show that there is a rising demand for the engineering plastics which are used in a variety of applications.

Global Engineering Plastics Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of engineering plastics market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

In June 2017, BASF SE has started the operation of the Schwarzheide site in Germany. This plant can be used to produce around 70,000 tons of Ultramid (PA: polyamide) and Ultradur (PBT: polybutylene terephthalate) which are used in the production of engineering plastics. These developments show that the market is growing at a significant rate.

Table of Contents

  1. Introduction
  2. Market Segmentation
  3. Market Overview
  4. Executive Summary
  5. Premium Insights
  6. Global, By Component
  7. Product Type
  8. Delivery
  9. Industry Type
  10. Geography

10.1. Overview

10.2. North America

10.3. Europe

10.4. Asia-Pacific

10.5. South America

10.6. Middle East & Africa

  1. Company Landscape
  2. Company Profiles
  3. Related Reports

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Hi, this is Ravi Kumar, a Blogger, Freelancer, SEO Consultant, an Internet Marketer, I am a research analyst who loves to evaluate data relating to Manufacturing industry, Management of companies and enterprises, Finance and insurance, Wholesale trade, Management, scientific, and technical consulting services

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